UNSPSC 80101512: Actuarial consulting services

UNSPSC 80101512 Actuarial consulting services, a Commodity code, encompasses advisory and analytical services that state and local governments procure to evaluate pension liabilities, healthcare benefits programs, investment strategy, and rate-setting for self-funded insurance pools and public employee retirement systems. Recent solicitations show agencies buying actuarial valuations, OPEB trust fund analysis, benefit plan consulting, rate development for non-ad valorem assessments, and healthcare delivery model studies across corrections, housing authorities, transit agencies, and municipal risk-management functions.

The issuing-body mix spans state departments of transportation and corrections, municipal finance offices, county housing authorities, county health systems, school districts, and special-purpose authorities. State-level procurement appears concentrated in Texas, Missouri, Illinois, California, and Florida, with municipal and county activity distributed across Florida, Georgia, South Carolina, Oregon, Virginia, and other states. Representative recent opportunities include the Missouri Department of Corrections' healthcare actuarial study (IFB, due July 24, 2026, analyzing correctional healthcare delivery across 19 institutions), the Texas Prepaid Higher Education Tuition Board's investment consulting services (RFP 233a, due June 21, 2026, covering six educational savings programs totaling $2.14 billion in assets), the Volusia County non-ad valorem assessment fee program design (RFP, due July 28, 2026, establishing fire rescue funding through property-based fees under Florida statutory compliance), and the City of Sarasota's OPEB trust fund investment consulting (RFP #26-36HR, due August 19, 2026, managing $60 million in retiree health and life benefits). Bid response windows range from one week to six weeks, with most responses targeting two to eight weeks out. The code shows steady activity across government finance, employee benefits, rate-setting, and actuarial compliance work, particularly where public entities hold fiduciary duty for employee or participant assets or must justify fee structures under state law.